Greenshift Corporation (GERS)

[Cobra Kai]

I think many of the concerns are fair- its more than a few missed filings its disappearing for a few years. I haven't followed the court case closely enough but I would think that might be the most likely ...still unlikely saviors of the stock/company- just because most court cases in penny stocks don't have happy endings.

Greenshift Liabilities were growing and they have been operating with big losses for some time coming of another reverse split and before disappearance they were struggling to trade with even small amounts of shares in the float.. I understand most know that...

12/31/2015- 15,347,879 in Liabilities

9/30/2016- 20,342,880 in Liabilities was the last reported- where are they at now ?

So One of the unknowns is Did Kevin just cut the deal with ATTIS out of desperation to pay himself back ? or salvage what he can as he exits out of this deal entirely and pay off any secured debt or take some preferred shares for himself as compensation ?

And While ATTIS is Nasdaq listed It looks like they will likely be delisted in the next year and they are operating with significant losses and are listed as a going concern and may soon follow the path of Greenshift if they cant successfully implement their strategy- ATTIS may be limited in their resources- ATTIS was once a bigger company and they are almost like GERS was years ago- revenues dropping- share counts growing... I wouldn't be shocked to see Kevin lands a spot on their board in the future somehow and continue to distance himself more than he already has the common shareholders of GERS.

Remember that if GERS does happen to file.. convertible debt holders can register their shares and the faucet of dilution will be quick... or even worse Kevin scraps this company.. there are a few other ones that look like they haven't seen him for a while Also known as BTZ0-PVSP-My concern is these are just considered transactions.. it not about the common shareholder. I think 3-5 cents range will unfortunately be about as good as it gets.. I hope shareholders that have held are rewarded with something good but the ATTIS deal likely requires time to develop.... time to pay GERS... time to implement.. and with both companies struggling financially it will likely be hard to pull the resources necessary to help shareholders at this stage... maybe a few years from now... but I think current holders have a long road ahead of them unless some great court settlement comes their way..